Research and Markets: The Insurance Industry in Georgia to 2019 - The Property Insurance Category Constituted Of 33.2% - Insurance News | InsuranceNewsNet

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August 11, 2015 Newswires
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Research and Markets: The Insurance Industry in Georgia to 2019 – The Property Insurance Category Constituted Of 33.2%

Business Wire

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/29j94m/the_insurance) has announced the addition of the "The Insurance Industry in Georgia, Key Trends and Opportunities to 2019" report to their offering.

' The Insurance Industry in Georgia, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Georgian insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2010-2014) and forecast period (2014-2019). The report also analyzes detailed information on the competitive landscape in the country.

Summary:

The report provides in-depth market analysis, information and insights into the Georgian insurance industry, including:

  • The Georgian insurance industry's growth prospects by segment and category
  • Key trends, drivers and challenges in the Georgian insurance industry
  • The detailed competitive landscape in the Georgian insurance industry
  • Detailed regulatory policies of the Georgian insurance industry

Key Highlights:

  • - The Georgian insurance industry declined in terms of gross written premium at a review-period CAGR of -2.0%.
  • - The property insurance category constituted 33.2% of the industry's gross written premium in 2014.
  • - The travel insurance category grew at a review-period CAGR of 18.0%.
  • - The non-life segment accounted for 54.9% of the industry's gross written premium in 2014.
  • - The Georgian government implemented a Universal Healthcare Program in 2014, which had an immediate impact on health insurance.
  • - The Georgian insurance industry is governed by the National Bank of Georgia (NBG).
  • - The Georgian insurance industry had 15 operational insurance companies as of 2014.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Georgian Insurance Industry Overview

4 Industry Segmentation

5 Governance, Risk and Compliance

6 Competitive Landscape

7 Economic Indicators

8 Appendix

Companies Mentioned

  • Aldagi BCI
  • Georgian Pension and Insurance Holding JSC
  • International Insurance Company IRAO
  • ARDI Group Insurance Co.
  • IC Group Insurance Co.
  • Unison Insurance Company Ltd
  • Imedi L Insurance Co.
  • PSP Insurance Ltd
  • Alpha Insurance Co.
  • Tao Insurance Company Ltd
  • Cartu Insurance Company Ltd
  • Standard Insurance Georgia JSC
  • Kopenbur Insurance Company JSC

For more information visit http://www.researchandmarkets.com/research/29j94m/the_insurance

View source version on businesswire.com: http://www.businesswire.com/news/home/20150811006111/en/

Research and Markets

Laura Wood, Senior Manager

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Sector: Insurance

Source: Research and Markets

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